Finding affordable and reliable full coverage car insurance in the US can be challenging, especially when you are seeking comprehensive protection. The average full coverage car insurance cost in the US for 2024 is $2,150, according to Forbes.
Awareness of good full coverage car insurance has been growing rapidly. New and experienced drivers wish to get the best insurance policy in their price range. This guide highlights the key factors influencing insurance costs, including provider options, discounts and coverage details. Whether you’re a first-time buyer or looking to switch policies, this guide helps you compare rates and top options to find the best deal for you.
How To Get Cheap Full Coverage Car Insurance
There are no fixed steps to getting cheap, full coverage car insurance. However, here are some tips.
Comparing Rates
Research and compare insurance premium rates between providers. Do not finalize with the first vendor you meet; instead, find options that are affordable and offer services.
Paying Higher Deductible
If you pay a higher deductible initially (while getting the insurance), your premium rates will be lower. However, choose a deductible you can afford and will not regret later.
Clean Record
People with accidents and tickets have to pay higher premiums on their insurance policies. Therefore, drive safely, avoid mishappenings, and follow road rules.
Availing Discounts
If you are a qualifying student, have a less powerful car, or are enrolled in driving courses, you can get discounts that save considerable money.
Bundling policies
You can combine your auto insurance with other policies and get offers.
What Company Has The Cheapest Full Coverage Car Insurance?
USAA is known to offer the cheapest full coverage car insurance rates. Drivers with a DUI, unclear driving history, or poor credits can get competitive premium options. However, USAA also has full coverage car insurance policies for veterans and their immediate family members. If you want to know about the cheapest options available, read on.
The Best 10 Cheapest Full Coverage Car Insurance Companies
Here is a list of the best insurance companies that provide full coverage auto insurance to drivers.
Beem
With Beem, you can get personalized car insurance quotes from market leaders. Compare prices and find the best option for you in one place! More than 5 million people trust Beem for money transfers and other financial tasks. You can get discounts and offers without hidden charges to save up to $1000 annually.
Nationwide
Nationwide offers affordable full coverage car insurance plans. This policy provider is available in 46 states and Washington, DC. It offers some of the lowest car insurance policies compared to other companies for seniors and teens. It also offers competitive rates for drivers with speeding tickets, DUIs, or poor credit. Nationwide has a pay-per-mile (SmartMiles) insurance program that benefits low-mileage drivers. This company does not offer rideshare insurance. The average insurance rate is $1436 per year.
Allstate
Allstate is known for its slogan, “You’re in Good Hands with Allstate.” It offers full coverage insurance with collision, liability, and other coverage options. Allstate operates in all 50 states of the US. Customers can get discounts by having a good driving record, car policies, or defensive driving courses. Allstate has competitive prices, which may change depending on the region. The average is $1,424.
Farmers
Farmers offers additional coverage options in addition to the basic ones, like roadside assistance and rental car reimbursement. This company operates in all 50 states. You can get discounts on your driving records, student performance, multiple car policies, etc. Farmers might not be the cheapest option. However, it offers one of the best customer support options.
USAA
USAA is among the car insurance companies that offer full coverage. This policy provider offers insurance for military members, veterans, and their families only. If you have a clean driving record, you can get competitive rates. The full coverage rates for drivers with poor credit and other related factors like DUIs get superior insurance rates. USAA is available in all 50 states and Washington, D.C. The average full coverage cost is around $1360.
Travelers
Travelers provides competitive rates for drivers, even for those who have speeding tickets. This company receives fewer complaints than its competitors. It charges reasonable rates for young and senior drivers with high insurance premiums elsewhere. However, if a driver has poor credit, the average full coverage insurance cost is unsatisfactory at $1,521. Travelers is active and available in 42 states and Washington, D.C.
American Family
American Family (AmFam) has numerous coverage options, including full coverage car insurance. You can get roadside assistance and rental car reimbursement with this company. AmFam operates in 19 states and Washington, D.C. You can get discounts with a good driving history or specific vehicle types.
GEICO
GEICO offers competitive insurance rates across various policy categories for driver types. This company is among the favorites of many and gets lower customer complaints. GEICO provides affordable rates, even for drivers seen passing a school bus. Customers may get low-grade collision repair professionals and face a longer car repair process. GEICO is available in all 50 states and Washington, D.C. The average car insurance rate with GEICO is $1,597 per year.
State Farm
Many people know State Farm as one of the most affordable full coverage auto insurance providers for non-veterans. This policy provider offers rates as low as $39 per month. Customers enrolled in programs like safe driving or young drivers can get discounts from this platform. State Farm offers rental and travel expense policies in its full coverage insurance policy. This company does not provide gap insurance to its customers.
Progressive
Progressive has numerous coverage options, including collision and comprehensive components. You can enroll in Snapshot or Name Your Price programs with Progressive. This company is available in all 50 states. Here, you can get discounts for good student performance, multiple car policies, driving courses, signing up online, etc.
Who Are the Cheapest Full Coverage Auto Insurance Companies?
Finding a company that provides the cheapest full coverage car insurance can be daunting. While insurance providers like USAA, StateFarm, Nationwide, and others offer appealing offers, comparing them is difficult.
The rate of any insurance policy will depend on factors like driver’s records, state laws, regional factors, etc. Beem is the perfect platform for car owners seeking full coverage car insurance. You can get personalized quotes from industry leaders and compare. Find the best policy in your budget range with Beem!
Is Full Coverage Auto Insurance Required?
In simple words, no. Full coverage auto insurance is not required by law in the US. The states have a mandatory minimum liability insurance level that every driver must follow. However, full coverage insurance schemes include collision, injury, and other benefits. You can take advantage of your full coverage insurance while driving, renting, or leasing a car.
Conclusion
Finding the cheapest full coverage car insurance policy can be time-consuming. You want to fulfill all requirements within a budget, and that can be challenging. Try Beem! This platform has no hidden charges and lets you compare insurance providers to get the best deal. More than 5 million Americans trust Beem with their financial planning.
Read related blog: Totaled Car – Who gets the insurance check when a car is totaled
FAQs
Which car model has the cheapest insurance?
Car models and their impact on insurance may vary according to the driver’s age, car model, year, and driver’s record. If you want to get the cheapest car insurance, pick a sturdy, small car with low performance and high safety. A sedan or wagon would prove to be a great choice.
Is it better to have car insurance or not?
Yes, having car insurance is beneficial. Full coverage auto insurance gives you financial protection, provides liability coverage, and helps you while applying for a loan or leasing a car.
